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30A.60.030 – Adoption of rules.

RCW 30A.60.030 Adoption of rules. The director shall adopt all rules necessary to implement sections 2 through 6, chapter 329, Laws of 1985 by January 1, 1986. [ 1994 c 92 § 159; 1985 c 329 § 7. Formerly RCW 30.60.030.]

30A.60.901 – Effective date—1985 c 329.

RCW 30A.60.901 Effective date—1985 c 329. This act shall take effect on January 1, 1986, but the director may immediately take such steps as are necessary to ensure that this act is implemented on its effective date. [ 1994 c 92 § 160; 1985 c 329 § 13. Formerly RCW 30.60.901.]

30A.98.010 – Continuation of existing law.

RCW 30A.98.010 Continuation of existing law. The provisions of this title insofar as they are substantially the same as statutory provisions repealed by this chapter and relating to the same subject matter, shall be construed as restatements and continuations, and not as new enactments. [ 1955 c 33 § 30.98.010. Formerly RCW 30.98.010.]

30A.98.015 – Continuation of existing law.

RCW 30A.98.015 Continuation of existing law. The provisions of this title, insofar as they are substantially the same as statutory provisions repealed by chapter 37, Laws of 2014 and relating to the same subject matter, shall be construed as restatements and continuations, and not as new enactments. [ 2014 c 37 § 258.]

30A.56.030 – Business during postponement.

RCW 30A.56.030 Business during postponement. During postponement of payments the bank shall remain open for business and be in charge of its officers, but shall not make any loans, investments or expenditures except such as the director will approve as necessary to conserve its assets and pay the cost of operation. The bank’s failure during […]

30A.56.040 – Deposits received during postponement.

RCW 30A.56.040 Deposits received during postponement. Deposits received during a period of postponement and for sixty days thereafter shall be kept separate from other assets of the bank, shall not draw interest, shall not be loaned or invested except by depositing with reserve banks or investing in liquid securities approved by the director, and shall […]

30A.56.050 – Plan for reorganization—Conditions.

RCW 30A.56.050 Plan for reorganization—Conditions. At the request of the directors of a bank, the director may propose a plan for its reorganization, if in his or her judgment it would be for the best interests of the bank’s creditors and of the community which the bank serves. The plan may contemplate such temporary ratable […]

30A.56.060 – Approval of plan—Unsecured claims.

RCW 30A.56.060 Approval of plan—Unsecured claims. If, within ninety days after the filing of the plan, creditors having unsecured demands against the bank aggregating not less than three-fourths of the amount of the unsecured demands of all its creditors, approved the plan, the director shall have power to declare the plan to be in effect. […]

30A.56.070 – No dividends until reductions paid.

RCW 30A.56.070 No dividends until reductions paid. A bank for which such a plan has been put into effect shall not declare or pay a dividend or distribute any of its assets among stockholders until there shall have been set aside for and credited ratably to the creditors whose demands were reduced an amount equal […]